Economists adhering to the institutions hypothesis as an explanation for geographical growth rate differences argue that institutional effects on income per capita are
A) small, but persistent.
B) large, but short lived.
C) small and short lived.
D) large and persistent.
E) rarely observed.
Correct Answer:
Verified
Q40: In its comparison of average per-capita GDP
Q41: Proponents of the institutions hypothesis maintain that
Q42: William Easterly, in The Elusive Quest for
Q43: The primary differences between the institutions of
Q44: Economists adhering to the institutions hypothesis as
Q45: Which of the following does not play
Q46: One of the following statements is false.
Q47: According to the geography hypothesis, differences in
Q48: Which of the following does not play
Q49: One of the following statements is false.
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